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Aragen Life Sciences Files DRHP for ₹800 Cr Fresh Issue
Summary by The Hindu
4 Articles
4 Articles
Aragen Life Sciences files draft papers with Sebi to raise funds through IPO
Aragen Life Sciences has filed its DRHP with Sebi for an IPO comprising a Rs 800 crore fresh issue and an OFS. Proceeds will fund debt repayment, capacity expansion and equipment purchases. The CRDMO reported strong FY24–FY26 growth, with revenue reaching Rs 2,178 crore and profit Rs 258 crore in FY26.
Coverage Details
Total News Sources4
Leaning Left1Leaning Right2Center0Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
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